Many authors (refer: Swayne and Tucker, 1973; Kahneman and Lovallo, 1994; Baron, 1998; Stewart et al., 1998; Simon et al., 1999; Simon and Houghton, 2003; Baum and Lock, 2004; Mathews, 2008) have examined the traits and skills of the entrepreneur. Others have been more interested in their behaviors (refer: Bhave, 1994; Byers et al., 1997; [...]
Many of the early benefits of Lean and Six Sigma at Medtronic, a major medical technology company, were in manufacturing. In the last year, however, Medtronic also has had notable results improving transactional and administrative processes.
Medtronic’s world headquarters in Minneapolis, Minnesota, USA, the accounts payable department, a part of the company’s Global Business Solutions organization, [...]
When launching a new initiative, such as Lean, employee buy-in is critical. Many employees will not put much stock in a new strategy until they see that:
1) It works!
2) It makes their jobs easier, not harder!
It is management’s responsibility to prove that a change in strategy will work. How can this be accomplished? Easy, Cheat!
These [...]
Business managers might think that the football World Cup will be best spent ordering distracted employees to close down the video links and concentrate on their work.But there s much to learn from the tournament about organizing teams and motivating individuals.
The experiences football managers collect through their careers are as intense as any a leader [...]
Leadership remains one of the most relevant aspects of the organizational context. However, defining leadership has been challenging and definitions can vary depending on the situation. According to one of the Professors at Lincoln University, “leadership is about capacity: the capacity of leaders to listen and observe, to use their expertise as a starting point [...]
Change management is a structured approach to transitioning individuals, teams, and organizations from a current state to a desired future state. Change management (or change control) is the process during which the changes of a system are implemented in a controlled manner by following a pre-defined framework/model with, to some extent, reasonable modifications.
In project management, [...]
The factors that led to the turnaround of the Indian Railways from a low performing organisation to a high performing one have been analysed in the case study. Enterprise turnaround is often ascribed to managerial leadership; it was found that environmental factors contributed in a substantial way to the success of Indian Railways. The implication [...]
Corus is part of the Tata Steel Group, the world’s sixth largest steel producer. Within Europe, Corus is the second largest steel producer with average annual revenues of around £12 billion. The company produces more than 20 million tonnes of steel each year, mainly in the UK and the Netherlands. It has a global network [...]
This report will seek to cover the impact on, around and within a company such as British Telecom, following a major change, preferably in the media sector industry. This change management may involve the trial run of a new product or service, a takeover, a merger, redundancies or a large-scale growth or decline. Read to [...]
Marissa Mayer, Vice President of Search Products and User Experience at Google, shares nine lessons learned about fostering creative ideas and innovation based on her experience developing highly successful Web applications at Google. Listen to this truly amazing speech. A lot to learn….
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